Orange County NC Website
disallowed costs by the DWS and USDOL have been taken and the time for appeal of <br />disallowed costs has expired. <br />4. COMPENSATION AND METHOD OF PAYMENT: <br />The Contractor shall be compensated for the work, and services to be performed under <br />this Contract by monthly reimbursed based on allowable expenditures actually made. In <br />no event will the total compensation exceed the sum of $297,625.48 refer to specific <br />program allocations below. If funds are available, the LA will advance one - twelfth of the <br />total contract amount for the purpose of start -up. Provided further, the Contractor <br />acknowledges that the LA is receiving monies to fund WIOA activities from the state and <br />that the LA's obligations to pay any funds is conditional upon receipt of such funds. The <br />LA may impose restrictions upon the maintenance of excess cash by the Contractor <br />consistent with the restrictions placed upon the LA by the State and the United States <br />Treasury Department. <br />Orange County Three -Month Allocation: <br />Adult: $20,297.55 <br />Dislocated Worker $21,843.41 <br />Orange County Nine -Month Allocation: <br />Adult: $139,098.35 <br />Dislocated Worker $116,386.17 <br />5. CONTRACTOR'S EXPENDITURE, ENROLLMENT AND PERFORMANCE <br />BENCHMARKS: <br />1. The Contractor shall expend at least one hundred percent 1( 00 %) of its three -month <br />allocation by December 31, 2017; and <br />2. Shall expend at least sixty percent (60 %) of its funding by April 30, 2018; and <br />3. Shall expend at least eighty percent (80 %) of all funding by June 30, 2018; and <br />4. Shall meet the WIOA common performance measures and enrollment levels as <br />specified in the RFP. The LA will review enrollment levels by December 31, 2017 <br />to ascertain acceptable levels. Acceptable levels shall be no less than fifty <br />percent (50 %) of the total number specified in the Contractor's REP. Failure to <br />meet this requirement may result in a de- obligation of funds. <br />PY 17 Performance Goals /Common Measures: <br />Employment Rate 2nd Quarter <br />68.0% <br />77.3% <br />71.0% <br />Employment Rate 4th Quarter <br />71.0% <br />78.0% <br />63.0% <br />Median Earnings <br />$4,900 <br />$6,750 <br />Credential Attainment Within 4 Quarters <br />55.8% 1 <br />60.0% 1 <br />59.0% <br />Regional Partnership Workforce Development Board <br />(Rev. 6/7/17) Page 2 <br />